All Forum Posts by: Tre DeBraga

Does anyone know of a rental analysis calculator type of thing that is free?

Thanks BP!

Like others said I am not a lender BUT I have seen people get creative with situations like this with DSCR loans and other types of loans. I have great connections in the MA area with lenders if you would like to connect and get you connected. You might also be able to get creative with getting a lease under contract now for your current home which will start on the date you leave. I am also a realtor in MA if you need any further help.

Good Luck 

Hey Shawn,

I learned wholesaling from Pace Morby who is amazing. What he taught me to do is to use the privy software and look at flips that have already been done in the past 6month - 1 year. You can look at the property history and see who the flipper was. Then make a google sheet with all these flippers and find their contact info and reach out to them telling them that you were previously a wholesaler in another market and now you are working in this market and ask if you can add them to your buyers list. You can also reach out to me and add me to your list. I am also a investor friendly realtor if you or your buyers ever need help!

Good luck

Whats up Aidan!!

House hacking is amazing! great way to set up your future. You can move into a new house hack every couple years and rent out your previous room and before you know it you have a fully operating portfolio. I am not 100% sure where you are from but I am a realtor/investor in MA and have great connections with great lenders if you want me to send you in the right direction!!!

Good Luck either way!

hey Minho Lee!

I am right from the area you are looking to relocate with the wife. 500k for a single family home is definitely not a super hard task in these areas. especially with that 100k down payments. Have you by any chance looked into some first time home buyer loans or even just lower down payments options so that you can leverage more of your money into investments? 

With your left over cash I would look into... using the BRRRR method. The BRRRR method is great because once your done with 1 deal you can continue to recycle that into other BRRRS. with the capital you have I would assume you can do a couple BRRRS to start. Another option I would look at in the Worcester area is maybe a multi family or a rent by the room house situation that you can do mid term rentals out of. Worcester has many hospitals and an airport making it a great spot for mid term rentals.

Cash flow is definitely a hard thing to come across in the short term of things especially in nowadays market. so, just remember your other benefits to investing like appreciation, equity build, etc.. 

I am an investor friendly agent right in the area so ever need any help feel free to reach out my man!!

hey, Whats up Jeremy! I am from MA. Looking to get some wholesale deals done. any advice or tips?

Hey BP! 

where is the best place to find local meet ups in my area?

whats up marquiese! you might not even know what house hacking is but what you are doing is called house hacking and it is a great way to build wealth in real estate! I would definitely hold onto the 2 family and let the rent cover your mortgage as you build equity in the property while the property appreciates overtime. once you have 20% equity in the property you will no longer need PMI. Maybe by the time your daughter is ready for college that 2 family can pay for her schooling + more.

regarding next steps in buying your next house for you and your family. I would definitely start talking to lenders and a realtor ( me ) about lending programs and what you can afford. I assume you have great credit due to you paying off your debt so quick. The debt from the 2 family shouldnt hold you back if you can show it is being rented. theres so many different routes you can go like the traditional route or take advantage of some MA home buying programs. we would need to talk further to see what fits you best. any questions feel free to reach out. Good luck!

Hey Marocs! I am also from Hudson, MA. I am agent with eXp and I help investors find investments. I am currently doing a flip with an investor in Marlborough right now. I would love to connect!

I would love to hear the answer to this as well. Following this post!